**NEW CARPET JUST INSTALLED**
Welcome to Island Reserve! A gated community offering resort-style living just minutes from the beach! This spacious 2-bedroom, 2.5-bath condo is a GROUND FLOOR END UNIT with no stairs and EASY ACCESS to the parking garage for added convenience.
Enjoy FRESH INTERIOR PAINT throughout and beautiful natural light pouring in from the large French doors that open to your PRIVATE PATIO - perfect for relaxing or entertaining. The kitchen features granite countertops, stainless steel appliances, and a breakfast bar that opens to the dining and living space with HIGH CEILINGS and wood flooring!
The split bedroom layout offers privacy, with each bedroom featuring its own en-suite bath and walk-in closet. The primary suite includes a soaking tub, separate shower, and dual vanities. A guest powder room and laundry area complete the layout.
Island Reserve amenities include:
-Lagoon-style pool with waterfall
-Fitness center
- Indoor basketball court
- Beautifully landscaped grounds
-Game room
For sale
Price cut: $1K (4/21)
$288,000
8700 Front Beach Rd Unit 5101, Panama City Beach, FL 32407
2beds
1,325sqft
Condominium
Built in 2008
-- sqft lot
$268,800 Zestimate®
$217/sqft
$-- HOA
What's special
Private patioBreakfast barGround floor end unitGranite countertopsFresh interior paintHigh ceilingsEn-suite bath
- 281 days |
- 59 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Lisa Felix 850-348-1673,
Full Sail Realty of NWFL
Source: CPAR,MLS#: 771264
Originating MLS: Central Panhandle Association of REALTORS
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Description: Buyer to verify if important
- Level: First
- Dimensions: 12 x 10
Bedroom
- Description: Buyer to verify if important
- Level: First
- Dimensions: 12 x 10
Heating
- Central
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater
Features
- Home Theater
Interior area
- Total structure area: 1,325
- Total interior livable area: 1,325 sqft
Property
Parking
- Parking features: Additional Parking, Community Structure, Gated
Features
- Patio & porch: Patio
- Exterior features: Patio
- Pool features: In Ground, Community
- Spa features: Community
Details
- Parcel number: 40001100147
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Materials
- HardiPlank Type
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Basketball Court, Clubhouse, Elevator, Fitness Center, Game Room, Media Room, Pool, Community Pool, Gated
- Security: Gated Community, Security Fence, Security Gate
- Subdivision: Island Reserve
HOA
- Has HOA: Yes
- Amenities included: Game Room, Gazebo, Spa/Hot Tub
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $267,750
- Annual tax amount: $984
- Date on market: 9/25/2025
- Cumulative days on market: 433 days
Estimated market value
$268,800
$255,000 - $282,000
$2,255/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Price change | $288,000-0.3%$217/sqft |
Source: | ||
| 11/14/2025 | Listing removed | $1,850$1/sqft |
Source: CPAR #775708 Report a problem | ||
| 9/25/2025 | Listed for sale | $289,000-3.3%$218/sqft |
Source: | ||
| 8/31/2025 | Listing removed | $299,000$226/sqft |
Source: | ||
| 8/13/2025 | Price change | $1,850-2.6%$1/sqft |
Source: CPAR #775708 Report a problem | ||
| 8/8/2025 | Listed for rent | $1,900+58.3%$1/sqft |
Source: CPAR #775708 Report a problem | ||
| 7/6/2025 | Price change | $299,000-3.5%$226/sqft |
Source: | ||
| 5/15/2025 | Price change | $310,000-3.1%$234/sqft |
Source: | ||
| 4/1/2025 | Listed for sale | $320,000+106.5%$242/sqft |
Source: | ||
| 12/3/2015 | Listing removed | $1,200$1/sqft |
Source: Keller Williams Success Realty #637802 Report a problem | ||
| 11/10/2015 | Listed for rent | $1,200$1/sqft |
Source: Keller Williams Success Realty #637802 Report a problem | ||
| 12/2/2014 | Listing removed | $1,200$1/sqft |
Source: Scaperotta Real Estate LLC Report a problem | ||
| 11/13/2014 | Listed for rent | $1,200$1/sqft |
Source: Scaperotta Real Estate LLC Report a problem | ||
| 5/19/2013 | Listing removed | $155,000$117/sqft |
Source: ERA Neubauer Real Estate, Inc. #603967 Report a problem | ||
| 2/22/2013 | Price change | $155,000-3.1%$117/sqft |
Source: ERA Neubauer Real Estate, Inc. #603967 Report a problem | ||
| 11/16/2012 | Listed for sale | $159,900+10.3%$121/sqft |
Source: Neubauer Real Estate, Inc. ERA #603967 Report a problem | ||
| 7/22/2010 | Sold | $145,000+12.7%$109/sqft |
Source: Public Record Report a problem | ||
| 6/4/2009 | Sold | $128,700$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $984 +2.5% | $115,978 +3% |
| 2023 | $960 +11.1% | $112,600 +3% |
| 2022 | $864 | $109,320 |
| 2021 | -- | -- |
| 2020 | $854 +36.8% | $104,671 +2.3% |
| 2019 | $625 | $102,318 +1.9% |
| 2018 | $625 -16.3% | $100,410 +2.1% |
| 2017 | $747 -7.6% | $98,345 +2.1% |
| 2016 | $808 -0.9% | $96,322 +0.7% |
| 2015 | $815 | $95,652 +0.8% |
| 2014 | $815 | $94,893 +1.5% |
| 2013 | -- | $93,491 -1.3% |
| 2012 | -- | $94,686 +6.1% |
| 2011 | -- | $89,250 |
| 2010 | -- | $89,250 -50.8% |
| 2009 | -- | $181,525 +825.9% |
| 2008 | -- | $19,606 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32407
Nearby schools
GreatSchools rating
- 7/10Breakfast Point AcademyGrades: PK-8Distance: 2 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Breakfast Point
- Middle: Breakfast Point
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Bay County
- Panama City Beach
- 32407
- 8700 Front Beach Rd Unit 5101
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Panama City Beach Topics
- Apartments for Rent in 32407
- Houses for Sale in 32407
- Houses for Rent in 32407
- 32407 Real Estate
- Panama City Beach Condos
- Houses for Sale in Panama City Beach
- Newest Listings in Panama City Beach
- Panama City Beach Home Values
- Panama City Beach Real Estate Agents
- Panama City Beach Refinance
- Panama City Beach Mortgage Rates







